MOTOR VEHICLES ACT 1959 - SECT 104

MOTOR VEHICLES ACT 1959 - SECT 104

104—Requirements if policy is to comply with this Part

        (1)         In order to comply with this Part, a policy of insurance must—

            (a)         insure the owner of the motor vehicle to which the policy relates, and any other person who at any time drives or is a passenger in or on the vehicle, whether with or without the consent of the owner, in respect of all liability that may be incurred by the owner or other person in respect of the death of, or bodily injury to, any person caused by, or arising out of the use of, the vehicle in any part of the Commonwealth; and

            (b)         be in the terms, and contain the conditions and warranties, determined by the CTP Regulator from time to time.

        (2)         However, a policy of insurance complies with this Part even though it does not extend to liability arising from the death of, or bodily injury to, a participant in a road race caused by the act or omission of another participant in the road race.